Thursday, September 10, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • UP InternationalTrade Show
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • UP InternationalTrade Show
Fiinews
No Result
View All Result
Home Technology

Technology: Volvo expands R&D and engineering team in India

Fiinews by Fiinews
March 21, 2022
in Technology
Reading Time: 3 mins read
A A
0
Volvo Group
0
SHARES
11
VIEWS
LinkedinShare on Twitter

Gurander lays foundation for Vehicle TechLab

Volvo Group is expanding research and development operations in India, its largest development site outside Sweden, while setting targets of achieving net-zero value chain greenhouse gas (GHG) emissions by 2040, cutting CO2 emissions of its vehicles by 40% by 2030 and aiming for 50% of its trucks sold to be electric vehicles.

“India is going to play a key role in this transformation journey as Volvo Group’s largest R&D site outside Sweden, along with our other global support functions located here,” said Deputy CEP Kam Gurander as he laid the foundation for the ‘Vehicle TechLab’ for Volvo Group’s research and development operations in India.

R&D operations in India have now become its largest development site outside Sweden, said the group which operates from tech-capital of Bengaluru.

In July 2021, it had launched CampX Volvo Group’s Global Innovation Arena in India, the first site outside Sweden.

Volvo Group has one of the most ambitious SBTi (Science-Based Targets initiative) in the industry, Gurander said on 17 Mar 2022.

The Swedish group is in the midst of a global organisation-wide business transformation to adopt emerging technologies, as well as new business models, across automation, electro-mobility and connectivity, he said.

By 2030, 50% of group revenues will come from services and solutions.

Volvo Group Trucks Technology employs more than 1,600 engineers in India, and plans to expand the engineering team significantly in the coming years, said the group, adding that the current set up includes a host of facilities such as vehicle garages, electrical and electronics lab, AR/VR lab and access to proving grounds.

“At Volvo Group in India, we are proud to be playing a key role in shaping the future of the global world of transportation,” added Volvo Group, India, President & MD Kamal Bali.

The increased focus on product and project responsibility within Volvo Group’s R&D operations in India, has led to a demand for a framework that will support the enhancement of product knowledge and prototype validation capability within India, said the statement.

“Today, this capability is being enhanced with the set-up of the Vehicle TechLab which is a first in the industry in India. This lab can house complete trucks, chassis and aggregates,” the statement said.

It also has various supporting equipment for engineers to test, innovate, validate and experiment their ongoing work – through a set up equipped with driving simulators, test benches, 3D scanners among various other tools and systems.

“This Vehicle TechLab is designed as a collaborative virtual workspace creating a simulated workshop environment, using technologies like virtual reality, human body motion tracking and realistic digital rendering of vehicles that allows Volvo Engineers across the globe to connect and collaborate virtually,” explained Volvo Group Trucks Technology, India, Vice President CR Vishwanath.

The lab facility will significantly reduce the development times, improve problem solving and offer better insights and speed in building innovative solutions, he added.

Volvo is also working on a range of areas such as general vehicle technology, electric, autonomous as well as connectivity solutions. fiinews.com

Tags: Volvo Group
ShareTweetShare

Related Posts

Global Fintech
Technology

Tech: PM highlights dynamic fintech evolution

by Fiinews
September 10, 2026
0
17

Resilience of Indian economy provides renewed confidence to global community Prime Minister Narendra Modi has highlighted the dynamic evolution of...

PIB
Technology

Tech: recognise innovation of Tier-2 & 3 cities

by Fiinews
September 7, 2026
0
13

RISE Conclave brings together startups, industry representatives, investors and Govt officials Minister of State for Science & Technology Dr Jitendra...

SOLIZE Partners.

Tech: SOLIZE inaugurates Bengaluru AI Lab

September 3, 2026
20
ITC Infotech

Tech: ITCI-Happiest Minds to work on global-AI

September 2, 2026
25
Ananta Aspen Centre

Tech: India’s AI adoption entering new phase

September 1, 2026
40

Manufacture: Californian roofs venture into India

September 1, 2026
18
SBI YONO
Upits 2026 brochure 062026 pdf

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Investment: India welcomes US investment and technology collaboration

    0 shares
    Share 0 Tweet 0
  • Market: PM Modi-President Zelenskyy discussed trade and technology

    0 shares
    Share 0 Tweet 0
  • Manufacturing: Approved ‘BioE3’of Biotechnology Dept

    0 shares
    Share 0 Tweet 0
  • Technology: Mastercard-supported Digital Saksham trains Maharashtran MSMEs

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Market: Nueral Concepts to support manufacturers
  • Invest: Temasek backs Adani’s $1bn equity capital
  • Tender: Make Indian nuclear projects bankable
  • Manufacture: Russia-India talked collaboration
  • Tech: PM highlights dynamic fintech evolution

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • UP International

© 2024 FIINEWS - Design and developed by 7clicksmedia.